Crypto CEO Accidentally Describes Ponzi Scheme--UPDATE--Bankman-Fried arrested in the Bahamas on money laundering and fraud charges.
- Thread starter ogc163
- Start date
Drake's Tan
All Star
Side note: It's wild how Coffeezilla went from doing 10-15 min videos on YouTube drop ship course grifters in 2018-19 to exposing some of the biggest financial scammers in the world in 2022-23.
ogc163
Superstar
Crypto bros avoiding this thread, bitcoin pumping though...am I rite? 
NZA
LOL
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Bored Ape NFT event attendees report ‘severe eye burn’
Some reports claim the injuries were caused by event lighting.
www.theverge.com
Bored Ape NFT event attendees report ‘severe eye burn’
Yuga Labs says it’s currently investigating reports of impeded vision and skin/eye injuries believed to be caused by unprotected exposure to UV lights during ApeFest 2023.
ADevilYouKhow
Rhyme Reason
Bruh
Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’
PUBLISHED WED, DEC 6 202312:50 PM ESTUPDATED WED, DEC 6 20233:25 PM ESTJeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOM
In this article
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.
Evelyn Hockstein | Reuters
JPMorgan Chase CEO Jamie Dimon lashed out at bitcoin and its peers, suggesting in remarks Wednesday on Capitol Hill that cryptocurrencies should be banned.
“I’ve always been deeply opposed to crypto, bitcoin, etc.,” the head of the largest U.S. bank by assets said under questioning from Sen. Elizabeth Warren, D-Mass., during a Senate Banking Committee hearing. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance.”
“If I was the government, I’d close it down,” he added.
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VIDEO10:42
JPMorgan CEO lashes out at bitcoin, suggests crypto should be banned: CNBC Crypto World
The remarks are the latest broadside from Dimon against cryptocurrencies, though his bank is heavily involved in blockchain, the enabling technology for the $1.6 trillion industry.
In previous statements, Dimon has called bitcoin “a hyped-up fraud,” a comment he later walked back. He had also likened it to a “pet rock.”
Under further questioning from Warren, Dimon and several other CEOs of large banks brought before the committee as part of a routine hearing on the industry, agreed that crypto companies should face the same anti-money-laundering regulations as the major financial institutions.
The topic marked a rare note of unity between the banking leaders and Warren, usually a harsh critic of the industry.
“When it comes to banking policy, I am not usually holding hands with the CEOs of multibillion-dollar banks, but this is a matter of national security. Terrorists, drug traffickers and rogue nations should be barred from using crypto for their dangerous activities. It is time for Congress to act,” Warren said.
ogc163
Superstar
dikkriding Larry Fink vs bytching and moaning about Jamie Dimon
Cypto jokers not sure if they wanna be co-signed by the mainstream or not.
Cypto jokers not sure if they wanna be co-signed by the mainstream or not.
Propaganda
Superstar
jp morgan has ties to ethereum, has their own token, their own blockchain, they allow their clients to invest in crypto, they're going in on tokenization..."b-b-but it's useless AND criminal!"
gimme a fukking break, jamie.
dude is full of shyt. he just doesn't like that crypto is becoming a disruptor in the financial world. he knows damn well there many more legitimate use-cases for it then funding terrorists and cartels...like cash does...at a scale far beyond what crypto does, in a far more difficult way to track it.
not to mention he's the ceo of a bank that's been fined 10s of billions of dollars just in the past 20-odd years for their own fukkery. and that's them getting treated with kid gloves.
gimme a fukking break, jamie.
dude is full of shyt. he just doesn't like that crypto is becoming a disruptor in the financial world. he knows damn well there many more legitimate use-cases for it then funding terrorists and cartels...like cash does...at a scale far beyond what crypto does, in a far more difficult way to track it.
not to mention he's the ceo of a bank that's been fined 10s of billions of dollars just in the past 20-odd years for their own fukkery. and that's them getting treated with kid gloves.
ORDER_66
Rebirth is upon Us 2025
jp morgan has ties to ethereum, has their own token, their own blockchain, they allow their clients to invest in crypto, they're going in on tokenization..."b-b-but it's useless AND criminal!"
gimme a fukking break, jamie.
dude is full of shyt. he just doesn't like that crypto is becoming a disruptor in the financial world. he knows damn well there many more legitimate use-cases for it then funding terrorists and cartels...like cash does...at a scale far beyond what crypto does, in a far more difficult way to track it.
not to mention he's the ceo of a bank that's been fined 10s of billions of dollars just in the past 20-odd years for their own fukkery. and that's them getting treated with kid gloves.
FACTS.... how he talking all this shyt about crypto but HIS bank was offering users a way to buy it...
make it make sense. this dude talk out the both sides of his mouth!!!
88m3
Fast Money & Foreign Objects
ADevilYouKhow
Rhyme Reason
ExactlyFACTS.... how he talking all this shyt about crypto but HIS bank was offering users a way to buy it...
So stupid
